Dubai / WAM Stefan Schweinfest, Director of the United Nations Statistics Division (UNSD) at the Department of Economic and Social Affairs, DESA, lauded the readiness of the UAE and its ability to host major international events. UNSD and DESA are responsible for the agenda of the World Data Forum, which the UAE will be hosting 2018. On the sidelines of …

  Bloomberg It could take more than a political standoff between President Donald Trump and Mexico to keep US shale gas from flowing south. While Mexico works to reverse declining oil and gas production, the nation’s burning record amounts of natural gas pulled from tight-rock formations north of the border. Pipeline deliveries of the fuel from the US have more …

  Bloomberg Oil dropped from a three-week high amid speculation that increased US drilling will boost output, offsetting cuts by OPEC and other producers. Futures fell 1.1 percent in New York after failing to extend on Thursday’s 2 percent rally. Rigs targeting crude in the US rose this week by 15 to 566, the highest since November 2015, according to …